Window and Door Industry Snapshot

Windows and Doors Market Sees Sustainable Growth

The global windows and doors industry is poised for continued growth, projected to expand from $221.9 billion in 2023 to $348.4 billion by 2032. According to Carleton McKenna’s 1Q25 Windows & Doors Report, market expansion is driven by energy efficiency mandates, population growth, urbanization, and increased remodeling activity. North America is a key region, led by Texas, Florida, and Arizona, where demand for impact-resistant and energy-efficient solutions is accelerating.

Despite rising interest rates and slower new construction, the industry is pivoting toward replacement and renovation markets. Homeowners are investing in high-performance window and door solutions to improve energy efficiency and comply with emerging building codes. Major manufacturers like Andersen, Pella, Jeld-Wen, Marvin, and Masonite are capitalizing on these trends with innovative materials, smart features, and durable designs.

M&A Activity Surges as Private Equity Targets Fragmented Market

Private equity interest in the window and door sector remains strong. Fragmented market structures, healthy margins, and steady demand make this an ideal environment for “buy-and-build” strategies. In 2024, strategic deals—including MITER’s $3.2 billion acquisition of PGT Innovations—demonstrated the appetite for scalable, tech-forward manufacturing assets. Firms are targeting companies with installation capabilities, energy-efficient offerings, and geographic reach.

Future outlooks suggest a rebound in single-family and multi-family housing starts by late 2025. Manufacturers are adjusting by emphasizing remodeling, diversifying product lines, and investing in triple-pane glass, low-E coatings, and composite materials. While inflation and borrowing costs remain challenges, the sector is evolving through smart innovation, sustainability, and consolidation.

Explore the full 1Q25 Windows & Doors Report by clicking the download button below.